Mathematics, 03.12.2021 18:50 Teal3475
An account is opened with $7,595.96 with a rate of increase of 2% per year. After 1 year, the bank account contains $7,746.90. Assuming no deposits or withdrawals are made, which equation can be used to find y, the amount of money in the account after x years? (Round money values to the nearest penny.)
y = 7,746.90(1.02)x
y = 7,746.90(0.02)x
y = 7,595.96(1.02)x
y = 7,595.96(0.02)x
Answers: 2
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An account is opened with $7,595.96 with a rate of increase of 2% per year. After 1 year, the bank a...
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